Taylor Frigon

Fees on the firm's open-end and exchange-traded funds are a weakness, contributing negatively to the rating and creating a larger performance hurdle on funds. On average, Taylor Frigon charges fees on its funds that are in the highest quintile of similarly distributed funds. With the current market environment of fee compression, this is cause for concern, as investors may flock over time to alternate asset managers to get a better deal. Manager turnover at Taylor Frigon over the past five years has been higher than at peer asset management firms, a possible signal that company culture is a bit unstable. On average, Taylor Frigon's longest-tenured portfolio managers have accrued 16 years of tenure. This level of manager experience should give investors confidence in the group's ability to handle differing market conditions.